[NewPacifica] Re: [PacificaRadiowaves] Re: Please update us on the financial state of Pacifica



Sorry if I offended you. I was trying to illustrate that the PNB should have 
been worried about radio and not other, in fact, worthwhile causes.

K


----- Original Message ----
From: Margaret Prescod <margaretprescod@xxxxxxxxxxxxxxxxxxx>
To: Kevin White <cuitlacoche1@xxxxxxxxx>; PacificaRadiowaves@xxxxxxxxxxxxxxx; 
NewPacifica@xxxxxxxxxxxxxxx
Cc: pnb@xxxxxxxxxxxx; sawayaville@xxxxxxxxx
Sent: Thursday, June 26, 2008 12:41:21 PM
Subject: RE: [PacificaRadiowaves] Re: Please update us on the financial state 
of Pacifica


Kevin I appreciate and support all the good work you are doing and trying to 
do.  I also understand your frustration, I too am very frustrated, as I have 
expressed rather clearly.
 
However, I would really appreciate Haiti, the poorest country in the western 
hemisphere, where people are so under attack, hungry, under occupation etc 
being left out of the various Pacifica back and forths, it does not help 
anything.  Somehow Haiti often ends up as the whipping board brunt of jokes, 
swipes etc as in “voodoo economics” and more. As someone who has brought 
forward a resolution in the past re this distinguished country, the world’s 
first Black Republic I frankly take exception, points can be made without these 
types of swipes vs people in deep suffering who have nothing to do with the 
mess Pacifica is in.  Let us stay focused on the crisis at hand.  
 
Respectfully, Margaret Prescod, Director, KPFK
 
margaret prescod
323 221 1698;323 646 1269 (cell);323 227 9353 (fax)
Host/producer "Sojourner Truth" Tuesdays 7-8 am Pacific Time; Pacifica Radio's 
KPFK 90.7FM SoCal.  
Listen live or anytime: http://www.kpfk. org/  click programs, then click 
Sojourner Truth.
"Invest in Caring Not Killing: http://www.globalwo menstrike. net/
 
-----Original Message-----
From: Kevin White [mailto:cuitlacoche 1@xxxxxxxxx]
Sent: Thursday, June 26, 2008 9:57 AM
To: PacificaRadiowaves@ yahoogroups. com; NewPacifica@ yahoogroups. com
Cc: pnb@pacifica. org; sawayaville@ gmail.com
Subject: Re: [PacificaRadiowaves ] Re: Please update us on the financial state 
of Pacifica
 
Nalini wrote about last night's PNB meeting:

"Yikes. I'm telling you. Someone ought to get started in preparing a 
bankruptcy and reorganization plan. The only way out that I see is 
to have a Court appointed Receiver to provide legal protection while 
Pacifica is totally reorganized. They could void the new bylaws, 
dismiss all the LSBs, secure a small (may ten) person commission to 
redraw the organizational structure and write up the most simple and 
streamlined set of bylaws, -- not a Membership org, -- sell one of 
the commercial licenses while they are still worth something, and 
hire ONLY radio pros as managers until a new infrastructure can be 
built to bring in the volunteer structure again. Without court 
protection, I predict that the next wave of Lawsuits will be from 
vendors. The thing I'm going watch carefully, will Amy Goodman be 
the first to sue over nonpayment? Or, will she do the right thing 
and pull out of the contract? She gives away her TV broadcast feed 
for free to lots of stations.... why not Pacifica?"

You know, Nalini, as bad as this sounds on the outside, it may be exactly 
what's needed to really save Pacifica. Our current organization can't even stop 
a national board meeting that we cannot pay the bills for: do you think they 
can responsibly reorganize the network? I' don't think so. That would mean no 
more unbudged jobs for people's girlfriends, or high paying jobs for a woman 
who do five minutes of radio a day.

The current group in charge can still meet, at their own expense of course, and 
call each other racists, and have workshops and retreats, and vote to support 
Haiti, or Tibet, or Luxembourg for that matter all they want.

In the meantime we could stand a change to get Pacifica back, stronger, leaner, 
and more cutting edge: without all the cronyism and sweetheart back room deals.

We clearly need professionals in charge, and we're not going to get them with a 
membership structure.

Sincerely,
Kevin White
KPFT Houston


----- Original Message ----
From: Nalini Lasiewicz <LasiewiczN@aol. com>
To: PacificaRadiowaves@ yahoogroups. com
Sent: Thursday, June 26, 2008 10:35:48 AM
Subject: [PacificaRadiowaves ] Re: Please update us on the financial state of 
Pacifica



Accordingly to what I heard on last nights emergency PNB call, the 
financial state is terminal, and there are NO plans for how to solve 
it. Some of the notes that I jotted down:

It sounds like we won't be able to pay Democracy Now this month. I
wonder if the PNB members are going to find out whether there will be
fines or interest.

WBAI has to cut $200K this quarter. Don't know where the cuts will
come from, doesn't know where new money will come from.

Pacifica will not going to be able to pay for the elections this year.

Challenges in 2009 budget that "will make your head spin."

Mike Martin says that it may be a breach of our feduciary
responsibilities to finance a PNB meeting in July.

National Finance Committee is meeting weekly. Staff is doing the best
they can in this time.

Lonnie, "this network is living payroll to payroll." The money to pay
for the meeting is not there. Every station is hurting. There is no
money. We're struggling to pay payroll. We're struggling to pay heath
care.

One week ago during the PNB phone call, Lonnie hemmed and hawed as 
they decided to go forward with the July meeting and said "I'll try 
to find the money." Last night, a week later, he reports that they 
won't be able to pay $150,000 in bills for this month alone. For PNB 
members who are part of the Finance Committee, they sounded like this 
was the first time they heard that there is NO money. But they voted 
to have the meeting anyway.

Yikes. I'm telling you. Someone ought to get started in preparing a 
bankruptcy and reorganization plan. The only way out that I see is 
to have a Court appointed Receiver to provide legal protection while 
Pacifica is totally reorganized. They could void the new bylaws, 
dismiss all the LSBs, secure a small (may ten) person commission to 
redraw the organizational structure and write up the most simple and 
streamlined set of bylaws, -- not a Membership org, -- sell one of 
the commercial licenses while they are still worth something, and 
hire ONLY radio pros as managers until a new infrastructure can be 
built to bring in the volunteer structure again. Without court 
protection, I predict that the next wave of Lawsuits will be from 
vendors. The thing I'm going watch carefully, will Amy Goodman be 
the first to sue over nonpayment? Or, will she do the right thing 
and pull out of the contract? She gives away her TV broadcast feed 
for free to lots of stations.... why not Pacifica? 
     


      


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